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Politics & Policy


Altaf Hussain habitual of giving controversial statements: Asif ISLAMABAD: Minister for Defence Khawaja Muhammad Asif Tuesday said Muttahida Qaumi Movement's (MQM) Head Altaf Hussain had become habitual of giving controversial statements adding that a Pakistani could not give a statement regarding Indian intelligence agency as given by Altaf Hussain.Talking to a news channel, he said RAW was an enemy organization formed to act against Pakistan and such a statement should not be given even ironically or in lighter mode.The minister was of the view that the statement of Altaf Hussain would be examined deliberately to decide about any legal action over it.He said the government endorsed the recent statement of ISPR as it reflected version of the government and defence ministry over the issue.Khawaja Asif said India wanted to keep Pakistan engage both internally and externally.If India was a sympathizer of Pakistan against terrorism then itshould not have created unrest on eastern borders, he said, adding, the purpose ...

Rs 1100mn approved for NICVD rehabilitation, renovation KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has approved Rs 1100 million for improvement and necessary construction in National Institute of Cardio Vascular Diseases (NICVD) to make it a state- of- the art institute.The Chief Minister took this decision as chairman of NICVD while presiding over its Board meeting here Tuesday.Those who attended the meeting include Deputy Speaker Sindh Assembly Shehla Raza, MPA Dr. Sohrab Sarki, Executive Director NICVD Professor Dr. Nadeem Qamar. Principal ...
Sindh govt implementing mega project in Agri sector: CM KARACHI: Chief Minister of Sindh Syed Qaim Ali Shah has said that his government has conceived mega development projects in collaboration with World Bank to modernize agriculture sector, improve its productivity and access to market.He said that Sindh Agriculture Growth Project (SAGP) has been launched with its total estimated cost of Rs 8867.463 million. Similarly another project of Sindh Irrigated Agricultural Productivity Enhancement Project (SIAPEP) has also been prepared with its estimated cost of Rs ...
Welfare of Senate employees of paramount importance: Chairman Senate ISLAMABAD: Chairman Senate Mian Raza Rabbani has said that employees are the core asset of the Senate and their welfare is of paramount importance so that they can work efficiently.He expressed these views while presiding over a meeting of the Executive Committee of the Senate Secretariat Employees Welfare Fund at the Parliament House on Tuesday, says a press release.Chairman Senate underscored the need for improving the working conditions of the employees as most of the ...
Progress linked with education: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif has said that a Knowledge Park of international standard is being set up in the provincial metropolis and it will be the first educational center of international standard in South Asian region.Presiding over a high level meeting regarding Knowledge Park here on Monday, he said that students from Pakistan and other countries would be able to get admission in educational institutions to be established in the Knowledge Park.The ...
LHC seeks report from IGP about special branch team LAHORE: The Lahore High Court has directed Inspector General of Police (IGP) Punjab to submit a report about the details of senior officer of the Special Branch and its team who are responsible for verification process required for issuance of CNIC and Passport.Justice Muhammad Farrukh Irfan Khan passed the orders while hearing a petition filed by Khair-ul-Bashar and his wife who had taken up the plea that they were citizens of Pakistan by birth and ...
LHC restrains secretary cooperative from work LAHORE: The Lahore High Court on Monday restrained Punjab Secretary Co-operative Babar Hayat from work till further orders and issued a contempt notice on violation of the court orders.Justice Muhammad Farrukh Irfan Khan passed the orders while hearing a contempt petition filed by Fiza and five others against violation of the court orders.During the hearing, the petitioners' counsel submitted that the court disposing of a petitioners' plea ordered the secretary cooperative to amend his orders ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln